HOAG MEMORIAL HOSPITAL PRESBYTERIAN

EIN: 951643327 501(c)(3) Health Care

NEWPORT BEACH, CA

Total Revenue
$1,843,487,493
Total Expenses
$1,685,137,356
Total Assets
$4,532,479,353
Net Assets
$3,050,596,161
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Financial Trends

Organization Details

Formation Year
1944
Legal Domicile
CA
Principal Officer
ROBERT BRAITHWAITE
Phone
9497644624
Tax Period
2023-01-01 to 2023-12-31

HOAG MEMORIAL HOSPITAL PRESBYTERIAN, founded in 1944, is a large national nonprofit in the Health Care sector that reported $1.8B in total revenue in fiscal year 2023. Revenue grew 12% year-over-year, indicating healthy expansion. Expenses of $1.7B left a modest 9% surplus.

Mission

OUR MISSION AS A NOT-FOR-PROFIT, FAITH-BASED HOSPITAL IS TO PROVIDE THE HIGHEST QUALITY HEALTHCARE TO THE COMMUNITIES WE SERVE.

Program Service Accomplishments

Program 1
Expenses: $1,119,413,505 Revenue: $1,683,708,660

THE HOAG MEMORIAL HOSPITAL PRESBYTERIAN COMMUNITY BENEFIT PROGRAM WAS FORMALIZED IN 1995 AND HAS GROWN SIGNIFICANTLY SINCE THAT TIME. WE HAVE SERVED OVER 100 NONPROFIT COMMUNITY ORGANIZATIONS IN A...

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THE HOAG MEMORIAL HOSPITAL PRESBYTERIAN COMMUNITY BENEFIT PROGRAM WAS FORMALIZED IN 1995 AND HAS GROWN SIGNIFICANTLY SINCE THAT TIME. WE HAVE SERVED OVER 100 NONPROFIT COMMUNITY ORGANIZATIONS IN A VARIETY OF HEALTH AND SOCIAL SERVICE CATEGORIES. WE CONTINUE TO EMPHASIZE THE DEVELOPMENT OF SUSTAINED COLLABORATIVE RELATIONSHIPS AND THE PROVISION OF UNDUPLICATED SERVICES TO DISADVANTAGED RESIDENTS IN OUR COMMUNITY AS CORE ELEMENTS OF THE PROGRAM. THE DEPARTMENT OF COMMUNITY HEALTH PROVIDES DIRECT SERVICES AND COLLABORATES WITH OTHER NOT-FOR-PROFIT COMMUNITY-BASED ORGANIZATIONS TO PROMOTE THE HEALTH OF OUR COMMUNITIES. THE DEPARTMENT COORDINATES HOAG'S COMMUNITY BENEFIT ACTIVITIES, DRIVEN BY THE HEALTH NEEDS OF OUR SURROUNDING COMMUNITIES, WHICH ARE REGULARLY REVIEWED IN AN ONGOING MANNER. THE DEPARTMENT PROVIDES SERVICES WHICH ARE UNDUPLICATED IN THE COMMUNITY. THESE CURRENTLY INCLUDE MENTAL HEALTH SERVICES, COMMUNITY NURSE NAVIGATION, CASE MANAGEMENT AND OUTREACH, COMMUNITY-BASED PROGRAM GRANTS, HEALTH PROFESSIONS EDUCATION & TRAINING AND OTHER HEALTH AND WELLNESS PROGRAMS AND SERVICES. IN ORDER TO PROMOTE EFFECTIVE ACCESS TO HEALTH CARE AND RELATED SERVICES, THE DEPARTMENT WORKS IN COLLABORATION WITH A NUMBER OF NOT-FOR-PROFIT COMMUNITY-BASED ORGANIZATIONS TO PROVIDE INSURANCE COVERAGE AS WELL AS FREE SERVICES TO UNDERSERVED AND VULNERABLE RESIDENTS, MANY OF WHOM ARE UNDOCUMENTED. CHARITY CARE IS AN INTEGRAL COMPONENT OF THE BENEFIT THAT HOAG PROVIDES TO THE COMMUNITY. THE CURRENT HOSPITAL CHARITY CARE AND SELF PAY DISCOUNT POLICY PROVIDES ASSISTANCE ON A SLIDING SCALE FOR UNINSURED AND SELF-PAY PATIENTS WITH FAMILY INCOMES UP TO 400% OF THE FEDERAL POVERTY LEVEL. PROGRAM SERVICE ACCOMPLISHMENTS MENTAL HEALTH CENTER: - PROVIDED 4313 MENTAL HEALTH THERAPY SESSIONS. - RESOURCE BROKERING, AND/OR CASE MANAGEMENT PROVIDED TO 251 INDIVIDUALS. - 2645 INDIVIDUALS PARTICIPATED IN MENTAL HEALTH COMMUNITY WORKSHOPS AND GROUPS. - THE MENTAL HEALTH CENTER PROVIDED PROFESSIONAL TRAINING AND WORKFORCE DEVELOPMENT TO 909 INDIVIDUALS FROM NONPROFIT PARTNERS. - PROVIDED A SUPERVISED CLINICAL INTERNSHIP TRAINING PROGRAM FOR 16 MASTER OF SOCIAL WORK (MSW) STUDENTS AND 2 BACHELOR OF SCIENCE IN HUMAN SERVICES (BS). EACH INTERN WAS PROVIDED WITH WEEKLY ONE-HOUR LONG SUPERVISION AND ONE AND A HALF HOUR LONG GROUP SUPERVISION. COMMUNITY BENEFIT GRANTS PROGRAM: - PROVIDED PROGRAM GRANTS TO LOCAL NON-PROFIT ORGANIZATIONS FUNDED TOTALING OVER $7M - PRIORITY FOCUS AREAS INCLUDED: ACCESS TO HEALTH CARE, MENTAL HEALTH AND BEHAVIORAL HEALTH, AND CANCER AND CHRONIC DISEASE. MELINDA HOAG SMITH CENTER FOR HEALTHY LIVING: THE MELINDA HOAG SMITH CENTER FOR HEALTHY LIVING (MHSCHL) IS A ONE-STOP-SHOP FOR HEALTH AND SOCIAL SERVICES. THROUGH CO-LOCATION AND COLLABORATION WITH PARTNER AGENCIES, THE CENTER PROVIDES FREE CLASSES, WORKSHOPS AND SUPPORTIVE SERVICES TO THE COMMUNITY. - CRISIS CASE MANAGEMENT AND RESOURCE BROKERING PROVIDED TO 5027 INDIVIDUALS. - PUBLIC LAW CENTER PROVIDED 131 INDIVIDUALS WITH LEGAL CONSULTATION OR REPRESENTATION IN THE AREA OF FAMILY LAW DIVORCE, DV, CHILD CUSTODY ETC. - PARTNERED WITH UNITED WAY'S OC FREE TAX PREP SERVICE TO PROVIDE 315 LOW-INCOME TAX RETURNS AT NO-COST TO THE TAXPAYER. TOTAL REFUNDS IN THE AMOUNT OF $320,770 WERE RETURNED TO TAXPAYERS. - CHIOC CONNECTED 61 INDIVIDUALS TO AFFORDABLE, QUALITY HEALTH CARE AND SOCIAL SERVICES. - PROJECT SELF-SUFFICIENCY PROVIDED 200 INDIVIDUALS WITH FINANCIAL ASSISTANCE, LONG-TERM CASE MANAGEMENT, AND OTHER RESOURCES TO PROVIDE A PATH FOR A SUCCESSFUL ACADEMIC JOURNEY TOWARD ECONOMIC SELF-RELIANCE. - PARTNERED WITH OC DIAPER BANK TO DISTRIBUTE 192,450 DIAPERS/PULL UPS TO NEEDY FAMILIES. - PROVIDED WELLNESS CLASSES SUCH AS YOGA, ZUMBA AND OTHER FITNESS CLASSES TO 9,249 INDIVIDUALS. - PARTNERED WITH SECOND HARVEST FOOD BANK TO PROVIDE 7,630 INDIVIDUALS WITH FRESH PRODUCE AND GROCERIES THROUGH OUR BIWEEKLY FOOD DISTRIBUTION. - IN PARTNERSHIP WITH SHARE OURSELVES AND FAMILIES FORWARD, PROVIDED $107,560 IN EMERGENCY HOUSING ASSISTANCE. - PROVIDED MONTHLY PROFESSIONAL NETWORKING AND RESOURCE EXCHANGE MEETINGS FOR 435 PROFESSIONALS TO NETWORK WITH COMMUNITY PARTNERS. - PARTNERED WITH GIRLS INC TO PROVIDE 2,182 STUDENTS WITH AFTERSCHOOL STEM ACTIVITIES AND SPRING/SUMMER CAMPS. - PARTNERED WITH NMUSD AND IKEA IN HOSTING A BACK-TO-SCHOOL RESOURCE FAIR SERVING OVER 2,000 INDIVIDUALS. - TRAINED AND CERTIFIED 167 INDIVIDUALS WITH CPR CERTIFICATION. - PARTNERED WITH CLINIC IN THE PARK TO PROVIDE BOOSTER SEATS AND CAR SEAT SAFETY TRAINING TO 49 CAREGIVERS. - IN COLLABORATION WITH HUNTINGTON BEACH ADULT EDUCATION, 588 INDIVIDUALS PARTICIPATED IN THE ENGLISH AS A SECOND LANGUAGE CLASSES. - THE COMMUNITY HEALTH WORKERS/PROMOTORES PROGRAM PROVIDED OUTREACH THROUGH 7,158 DOOR-TO-DOOR ENCOUNTERS. COMMUNITY NURSE NAVIGATION PROGRAM THE CNN PROGRAM FOCUS ON PREVENTION AND MANAGEMENT OF CHRONIC DISEASES WITHIN THE UNDERINSURED AND MARGINALIZED POPULATION. THE CNN PROGRAM HAS 3 FULL-TIME BILINGUAL REGISTERED NURSES. CLIENT CARE IS PROVIDED INDIVIDUALLY AND IN GROUP SETTINGS VIA THE FOLLOWING MODALITIES: IN PERSON, ZOOM, AND TELEPHONE. BELOW ARE A FEW HIGHLIGHTS FROM 2023: - 422 INDIVIDUALS PROVIDED WITH HEALTH NAVIGATION SERVICES - 1,347 PARTICIPANTS IN HEALTH EDUCATION WORKSHOPS.

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Trantor Score

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $44,526,989
Program Service Revenue $1,647,359,569
Investment Income $109,343,462
Other Revenue $42,257,473
TOTAL REVENUE $1,843,487,493

Expense Breakdown

Grants Paid $9,249,318
Salaries & Benefits $838,815,236
Fundraising Expenses $0
Program Expenses $1,119,413,505
Other Expenses $837,072,802
TOTAL EXPENSES $1,685,137,356

Year-over-Year Comparison

2023 2022 Change
Revenue $1,843,487,493 $1,646,507,596 +0.1%
Expenses $1,685,137,356 $1,600,684,848 +0.1%
Net Income $158,350,137 $45,822,748 +2.5%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
17
Independent Members
17
Employees
10058
Volunteers
877

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
5
$3,456,164
Total Directors
17
$0
Key Employees
9
$6,691,918
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
RESHMA BLOCK BOARD MEMBER 2.00
Director
$0 $0 $0
CINDY STOKKE CHAIR 2.00
Officer Director
$0 $0 $0
ROBERT BRUNSWICK CHAIR-ELECT 2.00
Officer Director
$0 $0 $0
ERIC ALCOULOUMRE MD SECRETARY 2.00
Officer Director
$0 $0 $0
DAN YOUNG PAST CHAIR 2.00
Director
$0 $0 $0
VICKI BOOTH BOARD MEMBER 2.00
Director
$0 $0 $0
CHRIS CALLERO BOARD MEMBER 2.00
Director
$0 $0 $0
DENNIS GILMORE BOARD MEMBER 2.00
Director
$0 $0 $0
RICHARD HASKELL MD BOARD MEMBER 2.00
Director
$0 $0 $0
PAUL HEESCHEN BOARD MEMBER 2.00
Director
$0 $0 $0
KAREN LINDEN BOARD MEMBER 2.00
Director
$0 $0 $0
PAMELA MASSEY BOARD MEMBER 2.00
Director
$0 $0 $0
BABAK RAD MD BOARD MEMBER 2.00
Director
$0 $0 $0
MARICELA RIOS FAUST BOARD MEMBER 2.00
Director
$0 $0 $0
JAMIE SHEPHERDSON BOARD MEMBER 2.00
Director
$0 $0 $0
RICK TAKETA BOARD MEMBER 2.00
Director
$0 $0 $0
GEORGE WOOD BOARD MEMBER 2.00
Director
$0 $0 $0
ROBERT BRAITHWAITE PRESIDENT AND CEO 50.00
Officer
$2,233,775 $51,598 $2,285,373
ANDREW GUARNI EVP AND CFO 50.00
Officer
$1,122,664 $48,127 $1,170,791
RICK MARTIN VP SR PATIENT CARE SVC AND CNO 50.00
Key Emp
$672,685 $57,719 $730,404
MARCY BROWN VP SR CHIEF OPERATIONS OFFICER 50.00
Key Emp
$691,383 $40,934 $732,317
SANFORD SMITH VP SR REAL ESTATE & FACILITIES 50.00
Key Emp
$616,020 $51,945 $667,965
FLYNN ANDRIZZI FOUNDATION PRESIDENT 2.00
Key Emp
$949,564 $37,958 $987,522
JAN BLUE VP SR CHIEF ADMIN OFFICER 50.00
Key Emp
$821,982 $51,519 $873,501
ERIC CHEUNG VP SR & CHIEF LEGAL OFFICER 50.00
Key Emp
$685,770 $60,457 $746,227
MARTIN FEE VP SR AND CCO 50.00
Key Emp
$573,061 $39,000 $612,061
MARGARET T CONK VP SR CHIEF CLINICAL INST OFF. 50.00
Key Emp
$663,558 $46,445 $710,003
KRIS IYER VP SR & CHIEF PHYS DEV OFFICER 2.00
Key Emp
$590,833 $41,085 $631,918
KATHY AZEEZ NARAIN VP CHIEF DIGITAL INNOVA OFF 50.00
Highest
$562,192 $16,500 $578,692
MICHAEL BRANT-ZAWADSKI VP ADDICTION RESEARCH ADMIN 50.00
Highest
$598,151 $51,065 $649,216
ALLYSON BROOKS EXEC DIR MED WOMENS HEALTH 50.00
Highest
$510,526 $54,523 $565,049
MICHAEL KRUG EXEC DIR CHIEF HR OFFICER 50.00
Highest
$544,765 $41,715 $586,480
ARPI BEKMEZIAN VP CHIEF QUALITY OFFICER 50.00
Highest
$509,739 $46,862 $556,601
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 No data No data No data No data
2023 $1,843,487,493 $1,685,137,356 $4,532,479,353 $158,350,137
2023 $1,843,487,493 $1,685,137,356 $4,532,479,353 $158,350,137
2022 $1,646,507,596 $1,600,684,848 $4,246,917,299 $45,822,748
2021 $1,413,678,728 $1,292,872,068 $3,940,743,462 $120,806,660
2020 $1,260,756,352 $1,201,558,471 $3,606,270,386 $59,197,881
2019 $1,201,875,688 $1,137,789,316 $3,472,503,762 $64,086,372
2018 $1,126,568,711 $1,062,067,809 $3,014,922,961 $64,500,902
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